F5, Inc. $FFIV Shares Purchased by Intech Investment Management LLC

Intech Investment Management LLC lifted its stake in shares of F5, Inc. (NASDAQ:FFIV) by 7.8% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 74,641 shares of the network technology company’s stock after acquiring an additional 5,382 shares during the period. Intech Investment Management LLC’s holdings in F5 were worth $19,875,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in FFIV. Annis Gardner Whiting Capital Advisors LLC grew its position in F5 by 134.1% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 103 shares of the network technology company’s stock valued at $27,000 after acquiring an additional 59 shares during the period. Golden State Wealth Management LLC boosted its holdings in F5 by 275.0% in the first quarter. Golden State Wealth Management LLC now owns 105 shares of the network technology company’s stock valued at $28,000 after purchasing an additional 77 shares during the last quarter. Park Square Financial Group LLC acquired a new stake in shares of F5 in the 4th quarter valued at about $31,000. Groupe la Francaise acquired a new stake in shares of F5 during the first quarter worth $34,000. Finally, Flaharty Asset Management LLC bought a new stake in shares of F5 in the 1st quarter worth approximately $35,000. Institutional investors and hedge funds own 90.66% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Needham & Company LLC upped their price target on shares of F5 from $320.00 to $345.00 and gave the stock a “buy” rating in a research note on Thursday, July 31st. Barclays increased their price target on shares of F5 from $274.00 to $321.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 31st. Royal Bank Of Canada lifted their price objective on F5 from $314.00 to $326.00 and gave the company a “sector perform” rating in a research report on Thursday, July 31st. Piper Sandler boosted their target price on shares of F5 from $304.00 to $355.00 and gave the stock a “neutral” rating in a research report on Thursday, July 31st. Finally, Morgan Stanley increased their price objective on F5 from $305.00 to $312.00 and gave the company an “equal weight” rating in a report on Thursday, July 31st. Three investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, F5 has an average rating of “Hold” and an average price target of $309.89.

F5 Stock Performance

Shares of NASDAQ:FFIV opened at $325.41 on Wednesday. The company has a market capitalization of $18.69 billion, a PE ratio of 28.67, a P/E/G ratio of 3.70 and a beta of 1.08. F5, Inc. has a 52 week low of $197.34 and a 52 week high of $334.00. The company’s fifty day moving average is $309.24 and its 200-day moving average is $287.20.

F5 (NASDAQ:FFIV) last posted its earnings results on Wednesday, July 30th. The network technology company reported $4.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.49 by $0.67. The company had revenue of $780.37 million during the quarter, compared to analysts’ expectations of $750.64 million. F5 had a net margin of 22.06% and a return on equity of 21.77%. F5’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.36 earnings per share. F5 has set its FY 2025 guidance at 15.240-15.380 EPS. Q4 2025 guidance at 3.870-3.990 EPS. On average, analysts forecast that F5, Inc. will post 11.2 EPS for the current year.

Insider Activity at F5

In other F5 news, CEO Francois Locoh-Donou sold 1,300 shares of the company’s stock in a transaction on Friday, August 1st. The stock was sold at an average price of $308.14, for a total transaction of $400,582.00. Following the transaction, the chief executive officer owned 110,153 shares of the company’s stock, valued at approximately $33,942,545.42. This represents a 1.17% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Lyra Amber Schramm sold 2,701 shares of the company’s stock in a transaction on Monday, September 8th. The shares were sold at an average price of $316.57, for a total value of $855,055.57. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 11,945 shares of company stock worth $3,762,365. Company insiders own 0.52% of the company’s stock.

About F5

F5, Inc provides multi-cloud application security and delivery solutions in the United States, Europe, the Middle East, Africa, and the Asia Pacific region. The company’s distributed cloud services enable its customers to deploy, secure, and operate applications in any architecture, from on-premises to the public cloud.